Showing 1 - 10 of 2,878
Persistent link: https://www.econbiz.de/10003364589
executives instead favor patronage -political discretion- in public employment. This paper proposes and tests an original theory … to explain when executives forsake patronage for merit. The theory exploits exogenous variation in the institutional … comparison of reforms in Paraguay, the Dominican Republic and the United States validates the theory. How patronage states are …
Persistent link: https://www.econbiz.de/10011457360
the incidence of corruption. We first present an interaction-based model on corruption that predicts that the level of … corruption is positively associated with social interaction. Then we empirically verify the theoretical prediction using within … a statistically significantly positive effect on the corruption rate in China. Our findings, therefore, underscore the …
Persistent link: https://www.econbiz.de/10008808080
The ambiguous phenomenon of corruption has long been the cause of great theoretical debate in economics. By using … Structural Equation Modelling, with the two types of corruption as a latent variable, this paper employs causal and indicative … variables specific to the Latin American region to test for rent seeking and systemic corruption in the period between 1980 …
Persistent link: https://www.econbiz.de/10012605890
these policies commonly relies on information provided by a bureaucracy. Environmental bureaucrats often have a political …
Persistent link: https://www.econbiz.de/10010380647
The informal sector is an extensive phenomenon in developing countries. While some of its implications have drawn considerable attention in the literature, one relatively unexplored aspect has to do with the saving patterns of workers and firms and how these might influence aggregate savings and...
Persistent link: https://www.econbiz.de/10011290050
I study the coexistence of formal and informal finance in underdeveloped credit markets. While weak institutions constrain formal banks, shallow pockets hamper informal lenders. In such economies, informal finance has two effects. By increasing the investment return it decreases borrowers'...
Persistent link: https://www.econbiz.de/10008821863
Persistent link: https://www.econbiz.de/10011686297
systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography …
Persistent link: https://www.econbiz.de/10008729038
We build a simple model of legal dualism in which a pro-poor legal reform, under certain conditions, causes the conflicting custom to go some way toward producing the change intended by the legislator. It then acts as an "outside anchor" that exerts a "magnet effect" on the custom. We illustrate...
Persistent link: https://www.econbiz.de/10008729246